SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

GRAYSON BRUNS H

(Last)

(First)

(Middle)

225 FRANKLIN STREET

25TH FLOOR

(Street)

BOSTON

02110

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
BANKRATE INC [ RATE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/04/2003

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common stock	08/04/2003		S		8,800	D	$13.12	872,610	I	Note (1)⁽¹⁾
Common stock	08/06/2003		S		7,200	D	$11.0376	865,410	I	Note (1)⁽¹⁾
Common stock	08/07/2003		S		3,200	D	$11.25	862,210	I	Note (1)⁽¹⁾
Common stock	08/08/2003		S		9,600	D	$11.315	852,610	I	Note (1)⁽¹⁾
Common stock	08/11/2003		S		40,880	D	$12.2992	811,730	I	Note (1)⁽¹⁾
Common stock	08/12/2003		S		6,400	D	$12.465	805,330	I	Note (1)⁽¹⁾
Common stock	08/13/2003		S		16,000	D	$12.0298	789,330	I	Note (1)⁽¹⁾
Common stock	08/04/2003		S		2,200	D	$13.12	283,310	I	Note (2)⁽²⁾
Common stock	08/06/2003		S		1,800	D	$11.036	281,510	I	Note (2)⁽²⁾
Common stock	08/07/2003		S		800	D	$11.25	280,710	I	Note (2)⁽²⁾
Common stock	08/08/2003		S		2,400	D	$11.315	278,310	I	Note (2)⁽²⁾
Common stock	08/11/2003		S		10,220	D	$12.2992	268,090	I	Note (2)⁽²⁾
Common stock	08/12/2003		S		1,600	D	$12.465	266,490	I	Note (2)⁽²⁾
Common stock	08/13/2003		S		4,000	D	$12.0298	262,490	I	Note (2)⁽²⁾
Common stock								168,155	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Director stock option	$3.9							12/31/2003	01/02/2013⁽³⁾	Common stock	5,000		5,000	D
Director stock option	$2.39							12/31/2002	10/29/2012⁽⁴⁾	Common stock	25,000		25,000	D
Director stock option	$13							05/01/2003	05/13/2009	Common stock	20,000		20,000	D

Explanation of Responses:

1. Represents the entire holdings of ABS Ventures IV, L.P.. I am the managing member of Calvert Capital L.L.C., the general partner of ABS Ventures IV, L.P.. I disclaim beneficial ownership of all shares in which I do not have an actual pecuniary interest. the filing of this report shall not be deemed an admission that I am the beneficial owner of such shares for purposes of Section 16 or for any other purposes.

2. Represents the entire holdings of ABX Fund, L.P.. I am the managing member of Calvert Capital II L.L.C., the general partner of ABX Fund, L.P.. I disclaim beneficial ownership of all shares in which I do not have a pecuniary interest. The filing of this report shall not be deemed an admission that I am the beneficial owner of such shares for purposes of Section 16 or for any other purposes.

3. January 2, 2013 unless terminated earlier pursuant to the Bankrate, Inc. 1997 Equity Compensation Plan.

4. October 29, 2012 unless terminated earlier pursuant to the Bankrate, Inc. 1997 Equity Compensation Plan.

	Bruns Grayson	08/20/2003
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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